Removing an uncollectible account and its corresponding allowance from the accounting records is called:
A)a write-off.
B)a write-up.
C)double entry accounting.
D)elimination accounting.

Name: Removing an uncollectible account and its corresponding allowance from the accounting records is called: A)a write-off. B)a write-up. C)double entry accounting. D)elimination accounting.
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Question

Quizplus · Accepted Answer

A write-off is the act of removing an uncollectible account and its corresponding allowance from the accounting records.

Removing an Uncollectible Account and Its Corresponding Allowance from the Accounting